NSE
16 Feb 18 | 12:00 AM

It affirmed ratings of nine banks, including Bank of India, Punjab National Bank and Axis Bank, at Baa3/Prime-3. Other banks whose rating was affirmed were Bank of Baroda, Canara Bank, Oriental Bank of Commerce, Syndicate Bank, Union Bank of India and

The Nifty PSU Bank index lost nearly 2% on Monday on reports that the government is considering farm loan waiver in Maharashtra, fuelling concerns that the step will put additional burden on banks that are already grappling with a high level of

Shares of public sector banks (PSBs) such as Punjab National Bank (PNB), Allahabad Bank, Central Bank of India (CBI) and Dena Bank have hit their respective 52-week lows after these banks reported a weak set of numbers for the quarter ended December 31,

State-run Central Bank of India on Monday posted 9.67 per cent increase in net profit to Rs 112.87 crore for the July-September quarter. The bank had reported Rs 102.91 crore net profit in the corresponding period last year.

Ratings agency Moody’s has downgraded ratings for Central Bank of India and Indian Overseas Bank (IOB)’s local and foreign currency deposits from “Baa3&" to “Ba1&" following the government’s policy to differentiate

Central Bank of India on Saturday reported net profit of Rs 103 crore in the September quarter on lower provisioning and improvement in margins, as against a whopping Rs 1,509 crore net loss a year ago.

The Central Bureau of Investigation (CBI) has registered a case against Electrotherm (India) Ltd., an Ahmedabad based engineering firm, for allegedly cheating the Central Bank of India to the tune of Rs 436 crore.